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Search Results 0 to 8 of about 9
CNBC
Feb 19, 2013 7:00pm EST
the president wants to hire people, to hire i.r.s. agents to enforce obama-care. that part -- >> washington is not getting bigger. the size has gotten smaller under president obama. c'mon action that's an absolute fact. >> james, has the government gotten larger or smaller? i'm talking about the federal government, jim. >> federal payrolls outside of post office have gone up about 12% since the recession began. outside the post office, they're up about 10% to 12%. >> that's a big number. state and local government workers have shrunk, have they not? >> they have balanced budget requirements action so when the stimulus ran out, they've had to cut back, but the federal government, we're putting about 40% of the budget on the credit card. so no real economy there. >> thanks for reminding me. james, thank you very much. we appreciate it. >>> now, 50 million in diamonds stolen in brussels. how about that? a braising robbery that looks like an inside job. what could be the heist of the century. that's next up on kudlow. (music throughout) why turbo? trust us. it's just better to be in front. the
CNBC
Feb 20, 2013 7:00pm EST
. but first up with the sequester cuts over a week away, the washington blame game has already begun. my next guest says expect president obama to try and blame republicans for the sequester, of course, and the media will play along. but i think the gop's got a message problem. i think they're playing too much obama austerity and not enough economic growth for the private sector. but let's talk. here now is brent bozell founder and president of the media research center and welcome back our panelist jared bernstein and nan hayworth. i'm going to read some of the adjectives. they're basically doing, this is the foot stool lap dog thing. jobs and the economy going down, public safety going down, and so forth and so on. we know that, but brent, i want to ask you. this is a tough one. is the gop going to survive this obama onslaught? >> boy, good question. three things are going on here. first, it is the obama administration serial dishonesty. i can't believe how dishonest these people are where they are blaming the republicans for their own idea. this sequester was their idea. they sold pelosi a
CNBC
Feb 21, 2013 4:00am EST
about 0.25% in this as shinzo abe is heading to washington for talks with president barack obama. that meeting will take place tomorrow. for more on how markets are trading ahead of that, let's get out to li sixuan. >> take a look at the damage report behind me. you can see how the fed minutes spooked investors here in asia. the nikkei slipped 1.4% from its 52-month high while investors remained cautious ahead of the decision on the next boj governor. construction equipment makers were down after caterpillar reported slowing sales for the quarter ending in january. but battery maker gs yuasa is up 8% over hopes of a long-term fix for battery problems. >>> and yesterday's rebound in china was all but forgotten. the shanghai composite down 3% today after being slapped by tightening fears. commodity players raised the possibility of a qe exit. developers and cementmakers lost ground on news that beijing will press ahead with measures to cool housing prices. shares in hong kong lost 1.7% today weighed down by resources, developers and financials. china's top retailer bel internationa
CNBC
Feb 19, 2013 4:00am EST
bank's new governor next week. prime minister ship zoe abe will leave for washington this thursday to meet president obama and will return to japan on sunday. abe will likely pick the possible candidate after returning to japan. abe's pushing for aggressive monetary easing. he will bick a nominee who supports his vision to achieve the 2% inflation target. the leading candidates for the boj governor include toshiro muto. a another prominent county is haruhiko kuroda. the asian development bank's president for a 2% inflation target and was a top currency diplomate in the late 1990s. kazamata iowata is a strong candidate. he's an advocate of more quantitative easing. the current boj chief will step down on march 19th. back to you, kelly. >> let's get a view on this from michael plasnik. so where does the yen go from here? >> i think it's important to take into context the comments made by abe and aso. you have to reverse engineer the situation. they're not going to be able to hit a 2% inflation without a significant yen weakness. so they need the yen to weaken about 40%, auto% in orde
CNBC
Feb 22, 2013 1:00pm EST
in washington. john, this is part after constant drum beat from the white house and his team, obama's team that if we go through the sequester, it is bad, bad, bad. >> exactly right, simon. who what the white house is doing is a steady application of pressure on republicans in congress hoping this he will accept ultimately tax increases as part of a budget deal. ray whlahood, former republicanf congress, walked into the briefing room and said you may not see the effects immediately but they will be very real and build over time. here is ray lahood. >> it will ripple across the country. cuts mean preventative maintenance and quick repair of runway equipment may not be possible which could lead to more delays. >> what you heard was a hundred small airport towers could be shut down. control towers because of lack of funding. you will see 90-minute delays. furloughs every week. visitors centers, rest rooms, garbage cans won't be serviced as efficiently as they are now. again, they are trying to build a ground swell of outrage against what will happen. put pressure on republicans. republicans s
CNBC
Feb 15, 2013 7:00pm EST
, is the obama administration openly break breaking the law? the president's recess appointments to the national labor relations board were deemed unconstitutional. that by a federal appeals court in washington, d.c. so why are this union-friendly board even in business right now? seems like a slap in the face. and our guest morgan brittany knows all about that union story. please stay with us. we'll be right back. >> i've been in love with bobby from the first time i saw him. and i've loved him ever since. pam, and i'm going to have him too. >> listen to me. you may be my sister, but i never want to see you again. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problem
CNBC
Feb 22, 2013 4:00am EST
. abe goes to washington. the japanese prime minister has arrived stateside ahead of a meeting with u.s. president barack obama later today. abe is looking for u.s. backing with japan's diplomatic disputes with china. meanwhile, abe wants to clarify the terms of entry into a trans-pacific trade pack and win america's blessing for his aggressive economic stimulus. >>> mauri taylor is standing by comments calling french workers lazy and overpaid. speaking to our colleagues on u.s. closing bell last night, he defended his decision to write a letter to the u.s. government refuse to go buy a tire company on the verge of collapse. >> the minister was trying to use us as a billy club, figuring that most ceos will not say anything. they just keep quiet. b but, you know, he picked the wrong guy and i'm going to tell him what it is. what i said was true. and they admitted it. they laughed about it, okay. and that's where this union president, this michael -- i call him spike because he's got his hair all up. they're devout commis and they said that's the french way and i said well, i'm not goin
CNBC
Feb 21, 2013 7:00pm EST
. and guess what today? president obama actually dialed up republican leaders john boehner and mitch mcconnell to talk about the sequester. this is good. it's called communication. we'll have a full report coming up from our man in washington robert costa. remember how we told the other night about how federal workers are still getting pay raises despite a so-called pay freeze? it turns out federal worker pensions are facing huge unfunded liabilities that could bankrupt them and force a new taxpayer bailout. but on the whole, folks, have no fear, america. help is on the way. this is "the kudlow report" and it starts right now. >>> all right. first up tonight the sky is not falling. even the president's own press secretary backed up president obama's sequester threat of mass layoffs. take a listen to jay carney. >> we agree with the consensus estimates here again from private outside economic firms from the congressional budget office that say we would lose, the country would lose up to 750,000 jobs if the sequester were allowed to be implemented. >> talking about hundreds of thousands o
CNBC
Feb 20, 2013 6:00am EST
't mention the obama-care tax or payroll tax or any of that. those are all headwinds, too. >> listen, i think the impasse in washington is just crazy right now. i am absolutely for not having the sequestration. it's just too blunt of an object. >> but the two sides have not been able to -- >> zero. >> no common room -- common ground. >> if you could cut 85 you wanted to cut? >> in a nanosecond. >> do you have 85 you want to cut? >> do i know it off the top of my head. i think you need to still hit the revenue side. you need revenues and spending to be that fly% differential, you have to get there. you need revenues up by 18%. >> do you get that growing or additional taxes? >> i don't want to use the word taxes and i'm not trying to -- i don't think we're talking about tax rates here. there are certainly revenue loopholes we could be closing. >> we're supposed to close those to lower marginal rates. >> but we didn't. >> simpson-bowles we were lowering marginal rates and closing loopholes. now, we raise annual rates and you close loopholes. >> it's important we don't have these blunt objects be
Search Results 0 to 8 of about 9